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BTC Continues to Pressure Overhead Resistance
Bitcoin was strong on Monday, as traders continue to watch institutions pile into the Bitcoin ETF markets. Bitcoin Bitcoin has been fairly strong during the trading session on Monday, bouncing from the crucial 50-day EMA as we continue to press against resistance. This is a market that I think given enough time probably does break out to the upside, but one thing that has me a little bit cautious is the fact that we had a bottoming pattern like this back in December and then in late January just fell off of a cliff. I am a little concerned about something like that happening, although it certainly looks like if we ... (full story)
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